Charter's Nominees to Time Warner Cable Board to Get $75,000 Each

Charter Communications Inc.'s effort to overturn the board of Time Warner Cable Inc. will cost Charter nearly $1 million, even as its moves to take over its rival have been thwarted by another suitor.

The 13 people Charter nominated earlier this week to stand for election on Time Warner's board will still receive $75,000 apiece, according to people familiar with the matter, even though Time Warner has now struck a deal to sell...